Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻 I've shown You on my chart, what we might expect in the next week or two.👇 In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖 I think we can expect something similar....
Hello, dear friends! I hope You're having a great weekend!🫶 Today it happened! The halving has occurred. The price hasn't reacted yet. And that means that significant movement awaits us ahead! How are You feeling? Will bulls or bears dominate the market? I wanna share with You one of the possible scenarios for price behavior in the near future. What do You...
Hey, friends! Here's a quick Bitcoin update just for You!😊 What do we see?👀 On the two-hour chart 📊, I've identified a forming descending triangle. The price has tested the main descending trendline several times, but it has failed to break above it. This indicates, that the price is more likely to continue declining, ultimately completing the formation of...
Hello, dear friends! 😊I've been closely watching the Bitcoin chart and trying to find the answer to the question: what awaits us next? 🧐 I intentionally replaced the usual Japanese candlesticks with lines on the chart for clarity, so that no noise would interfere with us seeing what I want to show you. And that's t he triple top pattern .📊 I know many of you...
Hello, dear friends!😊 As promised, I'm updating the Bitcoin chart for the short-term perspective🤫 After breaking the triangle downwards🔻, the price dropped below the $62,000 mark. We see, that further on, the price tested the lower trendline of the triangle (rising to over $66,000), and now there is a high probability that the price will again drop to the...
🚀 Attention Crypto Traders! 🚀 Did you know that history might be repeating itself in the lead-up to Bitcoin's halving event? 📉 Last year, just one day before the halving, Bitcoin's price plummeted by a staggering 19%! And guess what? This year, we're seeing similar corrections as we approach the halving once again. 📉 It's a pattern worth paying attention to! In...
Hello, friends! 👋🏻Today, let's dive into the world of Bitcoin trading and explore some key insights from the daily chart. ⚡️ Today, let's take a look at the daily Bitcoin chart, where I've highlighted the time frame from the decline in 2021 to our current days in 2024 with a white ⚪️ bowl-shaped area. Starting from November 2022 until the beginning of 2023,...
Hello, dear friends! 😊Let's quickly take a look at the 3-hour Bitcoin chart.👀 We see a sharp decline in price, I have updated the boundaries of the triangle, and now it looks like we are moving towards the level of 64,000.💥 If we hold this level, there is a chance to stay afloat, but if the drop is more serious, the scenario I mentioned earlier may occur.👇 ...
Hello, dear friends! 😍The halving is approaching, and anything could happen in the market, that no one can predict. 🔴Don't enter trades with large capital!! ❌It's better not to trade at all, than to be caught off guard by a huge fake candle!👎 Remember that the market could experience a significant drop before the halving or unexpectedly skyrocket to the...
Hey traders! 😊Ever felt the thrill of a breakout looming? Today, we're diving deep into Bitcoin's current triangle situation. Let's navigate through potential scenarios and craft our strategy for the upcoming ride! Bitcoin's stuck a little bit. Will it break out upward or downward? The suspense is killing us!No fear! We've got a plan for both outcomes. 🔍 ...
Hello, fellow traders! ☺️Today, let's delve into the world of Solana on the hourly chart to determine the short-term perspective!💪 It seems that the price has started forming a descending channel. If that's the case, then a few hours ago, the price bounced off the upper resistance and will move towards the support, which is the lower part of the channel, at...
Guys, just quick deal😎 There are three things you can watch forever: fire burning, water falling and Bitcoin dropping when you're shorting 😆 Happy Trading! 🚀 Always sincerely with You, Kateryna💙💛
Hello, dear friends!😊 Many of Yo are wondering if the Bitcoin correction is over. In my opinion - no, the correction could be deeper! ⚡️BUT! This is not a reason for concern; on the contrary, the price will take a breather for further growth.🚀 People are panicking, saying "Should I sell?😱" If you're not a short-term trader, selling now doesn't make any sense....
Hi, friends!😊 A few days ago, Bitcoin's price action strongly resembled a double top, but today it looks more like a triple top. It sounds like a joke, but no, let's discuss what the triple top pattern is.🧐 Triple Top Pattern is a popular chart pattern used in technical analysis to identify potential trend reversals in financial markets. By the end, you will...
Hello, friends!😊 Today we talked about double tops and double bottoms. Let's try to apply a double top pattern on the Bitcoin chart!👍 🔺🔺Double tops tend to form when the price reaches a high within a current uptrend and then pulls back. It rallies again to the previous high area before stalling and pulling back, falling below the low of the previous pullback....
Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So... What Defines the Bitcoin Market Cycle? The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating...
Hello, dear friends! 💙💛Today, let's examine the daily Bitcoin chart together! We'll look at the behavior of the MACD indicator and forecast the next price action. 💥First of all, let's take a look at the inverted wedge that I drew earlier, the price is currently moving within this pattern. Many traders' opinions are divided: some believe that after a shallow...